Japan to reduce greenhouse-gas emissions to net zero by 2050

The Japanese government will soon pledge to reduce greenhouse-gas emissions to net zero by 2050, Nikkei has learned. The new target, set to be unveiled in a speech to lawmakers next week by Prime Minister Yoshihide Suga, means Japan will finally catch up to the European Union, which set the same goal last year. Companies in industries like electric power, automobiles, and steel will be expected to take strict measures to meet the international promise.